Detmar Logistics executed a reservation agreement covering 300 Hypertruck ERX systems with Hyliion, a provider of electrified powertrain solutions for Class 8 semi-trucks. read more

AUG 3, 2021 - 6:44 am

The rebound from 2020 continued for smartphones in Q2/21, as overall shipment volumes grew 13.2% year over year, according to International Data Corporation, slightly beating IDC's forecast of 12.5% growth. read more

AUG 2, 2021 - 6:24 am

In recognition of National Roadside Traffic Safety Awareness Month, Fleet Advantage promoted the important safety features included on many of the trucks it leases, including lane departure, collision avoidance and blind spot assist technologies. read more

JUL 28, 2021 - 6:56 am

Wells Fargo Asset Management’s closed-end funds will change their names to include the name Allspring, with the name change expected to go into effect on Oct. 11. Wells Fargo Asset Management will also change its name to Allspring Global Investments. read more

JUL 26, 2021 - 6:50 am

XL Fleet, a provider of vehicle electrification solutions for commercial and municipal fleets, entered a development and supply agreement with eNow, a provider of solar and battery power systems that enable fully-electric transport refrigeration units (eTRUs) for Class 8 commercial trailers. read more

JUL 26, 2021 - 6:47 am

Google Cloud and The Home Depot have extended their multi-year cloud partnership to expand on the retailer's digital transformation. The Home Depot recently launched a "Rent Online, Pick Up In Store" reservation service for equipment rental. read more

JUL 23, 2021 - 6:05 am

KKR released its 2021 mid-year outlook piece by Henry McVey, CIO of KKR’s Balance Sheet and head of Global Macro and Asset Allocation. The key message to investors is to get long pricing power and collateral-based cash flows. read more

JUL 22, 2021 - 6:20 am

As much of the U.S. reopens nearly a year and a half since the outbreak of the COVID-19 pandemic in the country, midsize business leaders’ optimism about their industries and companies have hit record highs, according to JPMorgan Chase’s 2021 Business Leaders Outlook Pulse survey. read more

JUL 20, 2021 - 6:57 am

Ali Group, a manufacturer of foodservice equipment, and Welbilt entered into a definitive merger agreement under which Ali Group will acquire Welbilt in an all-cash transaction for $24 per share, or approximately $3.5 billion in aggregate equity value and $4.8 billion in enterprise value. read more

JUL 19, 2021 - 6:46 am

Moody’s Investors Service upgraded Global Ship Lease’s corporate family rating from B2 to B1 with a stable outlook. read more

JUL 19, 2021 - 6:41 am

Almost all of the businesses surveyed (90%) for a new report from S&P Global Market Intelligence expressed some degree of optimism about their expectations for performance in 2021 as the economy recovers from the COVID-19 pandemic. read more

JUL 16, 2021 - 6:05 am

Element Fleet Management entered an agreement with Qmerit. Through its Charging@Home solution, Qmerit will provide Element clients with installations and support of electric vehicle chargers at individual and multi-family residences. read more

JUL 16, 2021 - 5:58 am

Pratt & Whitney, a Raytheon Technologies business, has booked more than 800 orders and commitments for GTF engines since the beginning of 2021, including orders from customers like Frontier Airlines, Volaris, Air France, Delta Air Lines and, most recently, AerCap. read more

JUL 16, 2021 - 5:55 am

According to International Data Corporation, worldwide shipments of traditional PCs, including desktops, notebooks and workstations, reached 83.6 million units in Q2/21, up 13.2% from Q2/20. read more

JUL 13, 2021 - 6:51 am

Stearns Bank is partnering with Zogo Finance, a financial technology company, to offer all-age financial education tools through Zogo’s mobile app. read more

JUL 12, 2021 - 6:23 am